Follow the author of this article

Follow the topics within this article

LK Bennett will officially open its first shop in Russia this week after its private equity backers injected £2m to support the retailer’s international expansion plans.

The company, which counts the Duchess of Cambridge as a regular fan, is also planning two more shops in mainland China later this year as well as stores in Qatar and the World Trade Center in New York.

Private equity firms Phoenix and Sirius have held the business for around ten years, leading to recent speculation that LK Bennett could join a wave of retail chains being put on the market.

However, sources say that both firms are committed to supporting the brand’s overseas expansion plan.